SUBJECT :The flagship company of The Oberoi Group, is planning to mark major footprints in managing resorts at wildlife sanctuaries and national parks. 

An Asiatic Lion cub lays on a roadway as villagers wait to move on as they return home after the day's work at the Gir National Park at Sasan about 385 kilometers (240 miles) from Ahmedabad. 

Oberoi Group Company to manage three more wildlife resorts, including one in Kenya, by 2020

By: Indrani Dutta

Kolkata, August 5, 2018: EIH Ltd., the flagship company of The Oberoi Group, is planning to mark major footprints in managing resorts at wildlife sanctuaries and national parks.

By 2020, three resorts to be opened at Maasai Mara (Kenya), Gir and Bandhavgarh will be managed by EIH, which is planning to increase the share of managed properties in its portfolio. Currently it owns and operates Oberoi Vanyavilas at Ranthambore in Rajasthan.

Luxury resort

The luxury wildlife resort on the fringes of the Maasai Mara National Reserve is now in planning stage and will be ready with luxury tents, restaurants, a bar and a spa by the first quarter of 2020. Named Oberoi Wildlife Resort, this will be located on a 5,000-acre site overlooking the Mara Valley, and would offer guests a view of the annual migration of wildlife.

“There would be 25 tents. The land is on a long lease and this would be one of our best wildlife resorts,” P.R.S. Oberoi, executive chairman, EIH, said in a media interaction recently.

Over the two subsequent quarters of 2020, two more luxury wildlife resorts would come up with the Oberoi brand name. One would be on a 50-acre site on the periphery of the Gir National Park in Gujarat, the only home to the Asiatic Lion.

The Oberoi Wildlife Resort at Bandhavgarh would be on a 22-acre site five kilometres away from the national park in Madhya Pradesh. This will open in the third quarter of 2020.

Global GDP

In spite of several challenges, the global travel and tourism industry has shown remarkable resilience, generating 10.4% of the world’s GDP in 2017 (which at $8.3 trillion was 8.6% higher than previous year), Mr. Oberoi said.

He, however, projected a negative outlook as a natural follow-on of Brexit and the recent trade wars among the world’s leading economies. “This will definitely impact investment confidence,” he said.

Two more properties to be managed by the Oberoi Group are now under construction. One is The Oberoi Marrakech.

“This is in the final phase of completion,” Mr. Oberoi said. Besides private swimming pools with rooms and suites, the project, scheduled for completion in the first quarter of 2019, would also have Oberoi brand villas. The Oberoi Doha will open in first quarter of 2020. Both these would be managed properties.

S.S. Mukherjee, executive vice-chairman, EIH, said that the company was trying to reverse its present ratio of 70:30 of own, partly-owned and managed properties.


Source: The Hindu